Labrador Iron Ore Royalty Corp

Company Profile

• Business description

  Labrador Iron Ore Royalty Corporation, along with its wholly owned subsidiary, holds approximately fifteen percent interest in Iron Ore Company of Canada (IOC), a North American producer and exporter of iron ore pellets and high-grade concentrate. The company receives approximately seven percent gross overriding royalty on all iron ore products produced, sold, and shipped by IOC and some cents per tonne commission on all iron ore products produced and sold by IOC from the leased lands. Under normal circumstances, Labrador Iron Ore Royalty Corporation pays cash dividends from the free cash flow generated from IOC to the maximum extent possible, subject to the maintenance of appropriate levels of working capital. The firm generates the majority of its revenue in the form of royalty income.

• Contact

  31 Adelaide Street East
  PO Box 957
  TorontoONM5C 2K3
  CAN

  T: +1 416 362-0066

  E: [email protected]

  https://www.labradorironore.com

• Sector

  Basic Materials

  Stock type

  Cyclical

• Industry

  Steel

  Fiscal Year End

  31 December 2026

  Employees

  2,954